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FOMONOMO
2 mag 2017 15:52

Ripple to correct another 20% as bitcoin pumps Short

XRP / BitcoinPoloniex

Descrizione

Ripple is forming support along long term support level (green line U) and also forming a triangle pattern. As bitcoin pumps higher, I suspect diagonal support line 1 will be tested, followed by the 62% retracement, green support line T and the 100 day moving average, followed by support line 2. Touching support line 2 would represent a more than 20% correction.

RSI has dipped below its bullish trendline. Lets watch to see if it can rebound off the bearish trendline.

Long term bullish on XRP
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